• Title of article

    Testing independence in bivariate distributions of claim frequencies and severities

  • Author/Authors

    Carriere، نويسنده , , Jacques F.، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1997
  • Pages
    9
  • From page
    81
  • To page
    89
  • Abstract
    This article investigates bivariate distributions of claim frequency and severity and it shows how to test hypothesis about the independence of claim frequency and the independence of claim severity. The distributions of the test statistics are approximated by the bootstrap method. We find very strong evidence of frequency independence and weak evidence of severity independence for a particular data set of real insurance claims.
  • Keywords
    Claim frequency and severity , Independence , Tests of hypothesis , Bootstrapping
  • Journal title
    Insurance Mathematics and Economics
  • Serial Year
    1997
  • Journal title
    Insurance Mathematics and Economics
  • Record number

    1541768